Suburb Profile Report for Alkimos WA (6038)

Alkimos House: Median price $400,000, Annual capital growth 11.91%, Number of sales 105, Weekly median advertised rent $365

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Expert Report

Alkimos, 6038 ranked 405th in WA when comparing growth in median property values or capital gain over the last 12 months. Alkimos is one of 1662 in our list for WA

If we look at median property appreciation over just the last three months, Alkimos has given property investors a paper return of -8.47%. This puts Suburb as 397 on a list of fastest fasting appreciating suburbs in WA

Sellers are offering property buyers an average discount of -7.38% to buyers in Alkimos at the moment, which is less than average for the rest of WA.

At number 3452 in a list of fastest selling suburbs, Alkimos is in the bottom 10% of suburbs in Australia with an average of days on market 132.81 for properties listed there.

Advertised rents are around the $365 mark per week – giving a return of 4.75% based on the median price in Suburb

YIP MAG Information supplied by:

YIP MAG
June 2016

M
O

W
E
While recent times have been tough for large parts of the Perth market and WA in general, a beachside suburb around 40km north of the Perth CBD has seen no such troubles.Full summary While recent times have been tough for large parts of the Perth market and WA in general, a beachside suburb around 40km north of the Perth CBD has seen no such troubles.

The median house price in Alkimos, a suburb named after a Greek freighter shipwrecked off its coast in the 1960s, sits at a respectable $488,500.

Even more respectable is the recent capital growth seen in the area: the median house price has surged by a remarkable 109% in the past five years.

That impressive run may have come to an end though, with only 2% growth recorded in the past year and houses spending close to 100 days on the market.

The strong growth seen in Alkimos has pulled back the suburb’s rental returns, with yields currently sitting at 4%.Close
Metrics i HOUSE UNIT
$400,000 N/A
-8.47% N/A
-17.78% N/A
11.91% N/A
$365 N/A
105 N/A
4.75% N/A
132.81 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
Find a mortgage broker in Alkimos WA
Recent sales & rentals